10. Economics: equilibrium point. Find the equilibrium point for these demand and supply functions: Demand: q = (x - 8)?, 0 s xs 8, Supply: 4 = x? + x + 13, given that x is the unit price, in dollars, and q is the quantity demanded or supplied, in thousands.

Q: The demand and supply functions for Penn State ice hockey jerseys are: pd(x)- 106 - x p-stx) 3 - 20x…

A: Given:- The demand and supply functions for Penn State ice hockey jerseys are  P =d(x) =106-x2…

Q: Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand…

A: We are given demand and supply function of a commodity. We have to find the equilibrium quantity and…

Q: The supply and demand functions for a producer of bagbagis are respectively: D(q) = -18q + 87 S(q) =…

A:

Q: Suppose that a company that makes sweatshirts has a linear demand function of qD = –6p + 400 and a…

A: Given, demand function, Supply function is For equilibrium, we have,

Q: Suppose that a company that makes sweatshirts has a linear demand function of qD = –13p + 500 and a…

A:

Q: Given the supply equation p = + 3 and the demand equation p = 1800 + 11, find the equilibrium point.…

A: Supply : p = q1800+3 Demand : p= -q2200+11

Q: Answer the following questions for the price-demand equation. p+0.005x = 30 (A) Express the demand x…

A: a) x=6000-200p  Domain of this function 0≤p≤30 b)E(p)=pp-30 c) E(20)=-2 The demand falls…

Q: The following equations are the demand and supply of a firm. P = 50 -q ( demand equation) P = 10+q(…

A:

Q: Find the breakeven point of a company if the cost function is C(x) = 100- 15x and the demand…

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Q: The demand for watches is given by p = 7000 − 2q dollars, and the supply of watches is given by p =…

A:

Q: Suppose demand is given by p = 1600 − x. Find the maximum revenue.

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